Shareholders and Norway's Wealth Fund Question Musk's $1 Trillion Tesla Pay Deal
TL;DR Summary
Tesla is seeking shareholder approval for Elon Musk's proposed pay package, which is tied to Tesla reaching a $8.5 trillion market value and other milestones. The proposal has sparked controversy, with some critics arguing it's excessive and not aligned with Tesla's current sales struggles, while supporters highlight Musk's leadership and vision. The upcoming AGM in Austin will be pivotal in determining whether shareholders endorse this ambitious compensation plan.
- Tesla says Musk should be paid $1tn - will shareholders agree? BBC
- Major Tesla Investor Rejects Elon Musk’s $1 Trillion Pay Deal The Wall Street Journal
- Norwegian opposition complicates Musk's path to $1 trillion pay deal Reuters
- The People Who Will Determine Whether Musk Becomes a Trillionaire The Atlantic
- Norway's mega wealth fund to reject Elon Musk's $1 trillion Tesla pay package CNBC
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